ECON104 CM - Foundations of Political Economy

Most of economics takes politics for granted. More attention is paid to deriving ideal policy than to explaining how actual policy is made. Governments and political institutions are composed of people and groups who respond to incentives and whose behavior can be studied using the tools of economics. We will use game theory to model political competition and political actors including voters, parties, lobbyists, and the media. We will consider related empirical evidence and discuss proper methods of empirical design and statistical inference.

Prerequisites: ECON 101 CM , ECON 120 CM or GOVT 055 CM

Offered: Every year

Credit: 1

Course Number: ECON104 CM